BUSINESS SHORTS

UniBanka and HVB Bank merged

UNICREDIT Bank Slovakia entered the Slovak market on April 2.

The UniCredit bank is the product of in a merger of UniBanka and HVB Bank. Its director Jozef Barta said the transfer to a new IT system was without considerable complications, only some minor technical problems.

UniCredit Bank has become the fourth biggest bank in Slovakia with 93 branches across the country. It intends to close down several subsidiaries, but only those deemed inefficient or too close to another branch of the bank. The new bank is planning to expand its branch network over the coming months. It will first focus on Bratislava, where it intends to strengthen its position.

Branch design will gradually change and branches will be divided into three types: 'self-servicing', 'fast' and 'consulting'.

UniBanka and HVB Bank Slovakia's shareholders definitively approved the merger on February 20. UniCredit and Bank Austria Creditanstalt announced the planned merger of their affiliations at the beginning of April 2006. The universal leasing company CAC Leasing is part of the UniCredit group in Slovakia. As of April its name changed to UniCredit Leasing.

Get daily Slovak news directly to your inbox

Top stories

Railway station in Košice

Who’s the foreigner in this country now?

The virus has highlighted some differences between migrants and locals, but erased others.

8 h
Košice

News digest: Slovakia has passed the peak of the second wave, health minister says

Polish doctors will help take swabs in Slovakia this weekend. People who have had COVID can just show their positive test result.

23 h
Rapid testing in Košice

Nationwide COVID-19 testing – and criticism – starts again

Longer ‘screening’ different to October operation.

22. jan
Ján Sýkora is an easy-going ice-hockey player who has got a great sense of humour.

Fashion brands mean nothing to me. Professional hockey player about his life in central Slovakia

In an entertaining interview, the down-to-earth ice hockey player, Ján Sýkora, talks about being a busy bee with a poor memory.

21. jan